Sarasota, Florida is a vibrant city known for its stunning beaches, cultural attractions, and lively nightlife. With a population of just over 57,000, Sarasota has a lot to offer in terms of culture and amenities. The cost of living is relatively low compared to the rest of the US; 2 bedroom rent in Sarasota comes in at $1,380 whereas the US average is $1,430. Additionally, the Grocery Cost Index is 103 versus 100 in the US. Local companies such as Bright House Networks and Argosy University are major employers in the area. In addition to these larger companies, there are plenty of other small businesses that make up the unique economy of Sarasota. Visitors love exploring all this city has to offer from outdoor activities such as kayaking or biking along the Bayfront Park to learning about history at The Ringling Museum of Art. Whether you're looking for fresh seafood or a night out on St Armand's Circle there's something for everyone in Sarasota!
Sarasota (zip 34234) has an unemployment rate of 4.6%. The US average is 6.0%.
Sarasota (zip 34234) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.
Tax Rates for Sarasota (zip 34234)
- The Sales Tax Rate for Sarasota (zip 34234) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sarasota (zip 34234) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sarasota (zip 34234)
- The average income of a Sarasota (zip 34234) resident is $19,884 a year. The US average is $28,555 a year.
- The Median household income of a Sarasota (zip 34234) resident is $46,772 a year. The US average is $69,021 a year.